2 Powder Mill RoadActon, MA 01720MLS Number 72849966

  • Price: $13,750,000
  • Est. Mortgage of $/month
  • 531 Days on Market
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Federal 30-year interest rate: 6.58% last updated on Nov 23, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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2 Powder Mill Road Acton MA 01720
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  • 10.49Acreage

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Spectacular Multi Family development opportunity on the banks of the Assabet River awaits qualified developer. 230 Unit approved project on 10+ Acres in highly desirable Acton. Approved plans grant 171 market rate apartments, and 59 affordable apartment units. "Building A" is comprised of 111,358 square feet, "Building B" totals 203,752 square feet, and the structured parking garage totals 137,530 square feet. Approvals include an on site 4,396 sq ft community clubhouse with gym, yoga studio, cafe, dog washing station, leasing office, conference room, gathering room, and kitchenette. Access to Acton's Top tier public schools. Flagship, riverfront development ready to go in a ultra strong suburban market demanding more apartments. Unique opportunity that doesn't come along often.
Listed by Anthony Marino of Marino Real Estate Group

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More Info

Basic Information

  • Lot Features Level, Additional Land Available
  • Mls StatusActive
  • Parcel Number J3,39,42,43,44,45
  • Road Frontage DescriptionPaved

Property

  • Acreage10.49
  • Frontage Length 293

Property Information

  • Lot Size Square Feet 457,079
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • View YN Yes

Other

  • Buyer Agency Compensation1.0E-5
  • Date Listed06/15/2021
  • Farm Land Area Units Square Feet
  • View Count170

Tax Information

  • Tax Assessed Value $9,999,999
  • Tax Year 2021
  • Taxes$9,999,999

Location

  • Address2 Powder Mill Road
  • Building Number2-12
  • CountyMiddlesex
  • StateMA
  • StreetPowder Mill Road
  • TownActon
  • Zip01720

Amenities

  • Amenities
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Medical Facility
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Walk/Jog Trails
  • Other AmenitiesGolf, Water View, Waterfront

Basic Information

  • List Price$13,750,000
  • MLS Number72849966
  • Modification Date08/05/2022
  • Property SubTypeResidential

Building

  • Building Area Units Square Feet

Utilities

  • Electric On-Site
  • Electric On Property YN Yes
  • Gas On-Site
  • Sewer At Street, Nearby
  • Water Source Public

Water Body

  • WaterfrontYes
  • Waterfront Features Waterfront, River
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Acton, MA Demographics

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Acton, MA Real Estate Market Data

There is no data available

Acton, MA Schools

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